5 day 43.44 50 day 41.11 20 day 37.48 200 day 19.79 ( still a crazy spread. Momo driven)
(Julys spread was 54.81 (20d) vs 12.03 (200d) on 6/30 (see market smith) PPS dropped below five day and 20d July 1. 5 day dropped below 20 day 7/2. PPS was now travelling UNDER the five day, f9ive day under 20 day always = Shit show after a run like that)
Rule of thumb on spread? Either sideways or down to correct a spread.